Big Deal / as a youtuber I need to set up a company but there is a rule in turkey about foreigners owner. I have to employ 5 Turkish people. is there any specific rule for somebody like me who is living in turkey?
Thanks for the valuable information👍. I heard from an accountant that I need to employ 5 Turkish citizens if I want to setup and run a company in Turkey. Is this correct? However, I met foregn company owners in Isatanbul (2 people) having a company fully registered on their names. How does this work? Many thanks for helping?
@@SerifTheBroker Thank you very much. But I also met 2 african entrepreneurs in Istanbul (no emplyees, just 2 of them) owning a Turkish company. Is there a special law for special cas3s?
This video is very informative! thank you for taking the time to explain it to us. IF I want to start a company and buy farmland, do I need to register the business in the area I want to buy the land?
Am thinking to set up a company about estetik danışmanlık. Ne tavsiye edersiniz. İndividual company mi olsun yoksa limited company mi. Ve genellikle whats the minimum i should have to set the company up. Thank you
Thank you so much. So much valuable information and you have described it in a very clear and precise manner. 👏 One question Which I have is below: Is it necessary for every expatriate living in Turkey to get a tax number? Highly appreciate your kind time and feedback.
Thanks serif bey for the info, i may ask you,does health coverage include the taxes or one should be paying separately for health insurance? And can someone setup an idivitual company in turkey if they've already a one year residence permit
Öz güvenli olmanız sizi her zaman başarılı gösteriyor bende gayrimenkul danışmanlığı yapıyorum ve sizi izledikçe hep bişeyler öğreniyorum. Bunun için size teşekkür ederim Şerif The Broker
Hi Serif, Thank you for the video. I am planning to establish an online language institute in Turkey. I have no partners and there is only me with the idea and financial support. Do I have to set up a Limited company for this? And can you please tell me a rough estimation of the amount of money I need from A to Z?
Very useful and detailed video. I have been living here in Turkey for the past 4 months but still have not received my residence permit. In this case would there be any issues if I set up a company?
Salaam How much will the process cost for TRC & formation of company in turkey (25k) Also set up for office rental & documentation, hiring of one worker . The amount we need to show in the bank for 1 year.
Assalamualaicum Serif, Thank You very much for this nice informative video. Very good job! Now I need to know an information - as a foreigner if I want to act as a Manager/Managing Director in my Limited Company then do I need to deposit 100,000 TL as Paid Capital? Thank you again. Maassalam
As Salaamu Alaikum, brother. Thank you for reaching out. I appreciate your time. I will try to contact tomorrow (Wednesday) if that is alright with you?
@@SerifTheBroker as Salaamu Alaikum, brother. Sorry I missed you today. Tried calling. I think this is an office? If so, I can try to call earlier, during business hours. Feel free to reach me directly: william.joseph.mccoy@gmail.com, 001-202-868-7971, Wasalaam.
I really appreciate your reply! So if I as a foreigner open a Ltd company and I’m the director/Owner myself, do I have to still hire 5 Turkish citizens. Thank you
@@SerifTheBroker I believe you misunderstood his question. In order to work with his own company and GET A WORK PERMIT, does he need to first hire 4 turkish citizens ? Because the ikamet alone does not allow us to work in Turkey...
Hi, thank you for the information. I have couple of questions as I am getting my turkish nationality soon: - what is the company setup cost for Turkish National is it similar to what you mention in the video ? - what are the facilities that turkish owners will get for their companies ?
Thank you Ayman, Company setup costs are same for everybody. Only difference for Turkish nationality you don't need passport translation. If you can be more specific about facilities you are looking for I can be helpful. 👍
Can I have your WhatsApp number please? Need to contact for setting up a company. I am in Turkey be would be grateful if you could assist please. Regards
Türkiyede yatırım yapılacak gelecek vadeden sektörlere ve yatırımcı,ortak arayan şirketlere yönelik de bir çalışma yapabilirsiniz başarılarınızın devamını dilerim
As Salaamu alaikum Serif. Thank you for sharing this video, I have gained a lot of insight in the working of doing business in Turkey. I am an American living in the Washington DC area and I am interested in organizing a business in Turkey. I am just finishing up a proposal and would love to hsare it with you. Let me know if you are interested. Take care, Wasalaam.
Hi , I am a British National of Arab origin , I would like to set up a servixe company engaged in digital marketing and graphic design , this is mainly to service my company in Uk , this way i can tap into proffessional servixe at a reasonable price . plan is to have a small office with 2 employees . can you advise and help
I intend to register a limited liability company in the field of engineering. I have gathered all the necessary information so that I can use the fact that I am registering a company in Turkey and I am working with a job manager If I do this , I will have to pay a fine of 10,000 liras to the labor administration every month My main question is that at the end of the year I spent 60,000 liras in one of the institutions of the Turkish state and the capital of the first company limited is not more than 10,000 liras Does the company ask me to do the same in terms of work or tax administration that is a government institution and is dependent on the state or do I have to pay the remaining 50,000 pounds and receive it from my personal bank account?
Big Deal / as a youtuber I need to set up a company but there is a rule in turkey about foreigners owner. I have to employ 5 Turkish people. is there any specific rule for somebody like me who is living in turkey?
You can be alone or employ people it is up to you.
@@SerifTheBroker could you help me in this process?
Thanks for the valuable information👍.
I heard from an accountant that I need to employ 5 Turkish citizens if I want to setup and run a company in Turkey. Is this correct?
However, I met foregn company owners in Isatanbul (2 people) having a company fully registered on their names.
How does this work?
Many thanks for helping?
You can own your own company as foreign investor. to employ foreign citizen you need to hire 5 turkish that’s right
@@SerifTheBroker Thank you very much.
But I also met 2 african entrepreneurs in Istanbul (no emplyees, just 2 of them) owning a Turkish company. Is there a special law for special cas3s?
Any other condition for not hiring 5 employees?
@@SerifTheBroker To get a work permit for myself as a foreigner, I need to first employ 5 Turkish citizens. Is this right ?
This video is very informative! thank you for taking the time to explain it to us. IF I want to start a company and buy farmland, do I need to register the business in the area I want to buy the land?
Am thinking to set up a company about estetik danışmanlık. Ne tavsiye edersiniz. İndividual company mi olsun yoksa limited company mi. Ve genellikle whats the minimum i should have to set the company up. Thank you
Great discussion, thanks! I have a question - how common is it for startups in Turkey to incorporate in Delaware, USA? Thanks!
Paul Swegle
Most common issue is motorboat owners have their company registrations in Delaware. But not common for startups
I want to register my IT company in Turkey. What's the cost, procedure, and timeline? It'll have remote workers.
Thank you so much.
So much valuable information and you have described it in a very clear and precise manner. 👏
One question Which I have is below:
Is it necessary for every expatriate living in Turkey to get a tax number?
Highly appreciate your kind time and feedback.
Fraz Hassan If you are going to open bank account, or having electricity or water memberships or purchasing property you need
@@SerifTheBroker Thank you again so much.
How can we reach you?
Fraz Hassan +902128030105 You can whatsapp me brother.
Thanks serif bey for the info, i may ask you,does health coverage include the taxes or one should be paying separately for health insurance?
And can someone setup an idivitual company in turkey if they've already a one year residence permit
health insurance is a separate issue that you should pay for it , for the company question yes you can set up your individual company
could you help me in this process?
Yes I can +902128030105 you can whatsapp
Thanks for this informative video. Is it possible to create an individual company than few months later convert it into a limited company?
Öz güvenli olmanız sizi her zaman başarılı gösteriyor bende gayrimenkul danışmanlığı yapıyorum ve sizi izledikçe hep bişeyler öğreniyorum.
Bunun için size teşekkür ederim
Şerif The Broker
Can Kayıkçı çok teşekkür ederim, gelecekte anlatmamı istediğiniz konular olursa plana almayı çok isterim.
Hi Serif,
Thank you for the video.
I am planning to establish an online language institute in Turkey. I have no partners and there is only me with the idea and financial support.
Do I have to set up a Limited company for this? And can you please tell me a rough estimation of the amount of money I need from A to Z?
Yes one limited company would be fine
Rough cost I don’t want to tell exact numbers but couple thousand dollar will be fine for everything
@@SerifTheBroker Thanks for the information Serif.
Very useful and detailed video. I have been living here in Turkey for the past 4 months but still have not received my residence permit. In this case would there be any issues if I set up a company?
Mohammed Saif you can establish your company will not affect your business
Asselmu Alyekm Serif, Do you take care of all the process from A-Z? Thank You.
Yes
@@SerifTheBroker Thank you for your prompt reply. Do I need to hire 5 Turks in order to get a work permit if I'm the sole owner/manger of a company?
@@rasalkhaimah As a sole owner you don’t need work permit
@@SerifTheBroker OK. As soon as I arrive from The Netherlands I will contact you. Thank you.
@@rasalkhaimah anytime you can whatsapp me on +902128030105
After opening limited company in which visa i can stay there to look after my business?
Thank you so much. The video answered all my questions!
I'm so glad!
Merhaba,moźete li na Bosanskom jeziku objasnit ovaj postupak otvaranje firme ? Hvala.
hello, can you please explain the VAT Tax if I want to sell a product to outside turkey? i,m not Turkish
When you are exporting product outside Turkey, you are going to sell 0% vat this is advantage.
Very reliable and profitable investment to open a company in Turkey. We re looking for a place on your website for our new office☺️
Salaam
How much will the process cost for TRC & formation of company in turkey (25k)
Also set up for office rental & documentation, hiring of one worker .
The amount we need to show in the bank for 1 year.
Around 5000 TL set up cost. Other costs vary but for 2 thousand dollar you can sort it out evertything my opinion
How much money can you earn each year before getting taxed thanks
Assalamualaicum Serif, Thank You very much for this nice informative video. Very good job! Now I need to know an information - as a foreigner if I want to act as a Manager/Managing Director in my Limited Company then do I need to deposit 100,000 TL as Paid Capital? Thank you again. Maassalam
If you can whatsapp me +902128030105 I can explain properly.
@@SerifTheBroker Ok, Thank you
Very good information, thank you the Broker :)
Thank you bro for your valuable informations.
As Salaamu Alaikum, brother. Thank you for reaching out. I appreciate your time. I will try to contact tomorrow (Wednesday) if that is alright with you?
Yes of course
@@SerifTheBroker as Salaamu Alaikum, brother. Sorry I missed you today. Tried calling. I think this is an office? If so, I can try to call earlier, during business hours. Feel free to reach me directly: william.joseph.mccoy@gmail.com, 001-202-868-7971, Wasalaam.
Really so much helpful for me ❤️
Thank you so much, any questions more than welcome
Very useful information , thank you for the video
Thank you brother
Thank you for the detailed explanation. I really like your videos 👍 Keep going👏
As a foreigner, is it compulsory to hire Turkish citizens to work in my company?
I heard I need to hire minimum of 4 people.
Thank you
Mohammed Azeem for each 1 foreigner staff you are planning to hire, you need to hire 5 Turkish
I really appreciate your reply!
So if I as a foreigner open a Ltd company and I’m the director/Owner myself, do I have to still hire 5 Turkish citizens.
Thank you
Mohammed Azeem No you don’t need to. you can still be 100% owner and director of the company.
@@SerifTheBroker I believe you misunderstood his question. In order to work with his own company and GET A WORK PERMIT, does he need to first hire 4 turkish citizens ? Because the ikamet alone does not allow us to work in Turkey...
Hi, thank you for the information.
I have couple of questions as I am getting my turkish nationality soon:
- what is the company setup cost for Turkish National is it similar to what you mention in the video ?
- what are the facilities that turkish owners will get for their companies ?
Thank you Ayman,
Company setup costs are same for everybody. Only difference for Turkish nationality you don't need passport translation. If you can be more specific about facilities you are looking for I can be helpful. 👍
Can I have your WhatsApp number please? Need to contact for setting up a company. I am in Turkey be would be grateful if you could assist please.
Regards
Sardar Umair Anwar +902128030105
Türkiyede yatırım yapılacak gelecek vadeden sektörlere ve yatırımcı,ortak arayan şirketlere yönelik de bir çalışma yapabilirsiniz başarılarınızın devamını dilerim
Güzel fikir üzerinde çalışacağız. Teşekkürler
As Salaamu alaikum Serif. Thank you for sharing this video, I have gained a lot of insight in the working of doing business in Turkey. I am an American living in the Washington DC area and I am interested in organizing a business in Turkey. I am just finishing up a proposal and would love to hsare it with you. Let me know if you are interested. Take care, Wasalaam.
Aleykum Es Selam. You can whatsapp me on +902128030105. Will be happy to hear details.
Hi , I am a British National of Arab origin , I would like to set up a servixe company engaged in digital marketing and graphic design , this is mainly to service my company in Uk , this way i can tap into proffessional servixe at a reasonable price . plan is to have a small office with 2 employees . can you advise and help
Are you currently in Istanbul? Or will you be coming soon?
Yes sure if you can write on our whatsapp +902128030105 I can answer your questions.
@@SerifTheBroker what city are you based out of?
@@lenapehokingstate2634 istanbul
Kaleminiz guzelmis 👌
Teşekkürler Mert bey, kalemden anlıyorsunuz
Very good video , keep it up 👍🏻
I want to open a company for e commerce business. I am fro Pakistan. How may you help me ?
Shehriyar Khalil you can contact me on +902128030105 by whatsapp
Your content is excellent. Our property investment page is in Turkey
thank you , you are welcome to contact me through WhatsApp +902128030105
How I can make an export medical company
İn Istanbul
Mohamed Alhebri you need to establish company
made me laugh when you said İf you make profit “”hopefully”” LOLLLL
Thank you for the useful info 👍
Would you please arrange Visa for me and my wife? Please let me know.
How Many vat Tax goods import Tax duty form India
i will Registration limited (Garnal )partnership
How i will registration in Turkey
you can register with an accountant or lawyer help
Afiyet olsun Şerif bey :))))
Thank you Enes
ben istanbula gelmak istiyorum bana istdi yapan adim lazim
It’s not worth opening a company in turkey better in other counties
ده انا-شننىةىك٧ذذ.و»(""
Please give example/explanation on why it’s not worth it so we can have an informed info.
Don't Just talk bullshit without any strong reason
Abi ben pakistandan gursyorum
Merhaba Abi
Merhaba
Abi ben istanbola gelmak istiyorum
ben 4 yil kalidm istanbula
I intend to register a limited liability company in the field of engineering. I have gathered all the necessary information so that I can use the fact that I am registering a company in Turkey and I am working with a job manager If I do this , I will have to pay a fine of 10,000 liras to the labor administration every month
My main question is that at the end of the year I spent 60,000 liras in one of the institutions of the Turkish state and the capital of the first company limited is not more than 10,000 liras Does the company ask me to do the same in terms of work or tax administration that is a government institution and is dependent on the state or do I have to pay the remaining 50,000 pounds and receive it from my personal bank account?
I didn’t understand at all. What is this fine about
@@SerifTheBroker hi my main quastion is if my llc have debt to goverment , is limitet to initial capital or i must pay by my self
@@parstondar1583 you both liable on debts
@@SerifTheBrokerthank you